Neiman Marcus

Saks Global, which owns Neiman Marcus, announced the decision to keep the flagship store open longer on Friday while they work with city officials to reimagine the space.

The meeting comes after Neiman Marcus owners announced last month it would close the downtown Dallas store March 31.

The portrait was by artist William A. Foley Jr., according to his widow, who also believes it should be returned.

The decision to close the Neiman Marcus flagship store comes as its owner Saks Global announced in February it was notified from a landlord to terminate its occupancy.

On March 18, 1996, journalist Lee Cullum interviewed Stanley Marcus. He discussed how he transformed a small specialty shop into a global retail business.

City and real estate officials announced a plan to keep the store in downtown, but the company says it still plans to close the historic flagship's doors.

Some city leaders and real estate professionals say they will work together to find a way to keep Neiman Marcus open in downtown Dallas, days after the store said it was being forced out.

The luxury retail store will close its downtown location by the end of March after 118 years.

Luxury retailer Neiman Marcus will qualify for a city grant of up to $5 million if it keeps a certain portion of its employees at a headquarters in the city of Dallas.

Clothing stores and specialty retailers are offering big discounts and heavily promoting curbside pickup in hopes of rescuing a lackluster holiday shopping season in which surging coronavirus cases have kept many shoppers at home.

Neiman Marcus, the 112-year-old storied luxury department store chain, has filed for Chapter 11 bankruptcy protection, the first department store chain to…

He met George Gershwin as a child and fell in love with his music. He went on to sell luxury goods by mail order like no one else — and then created one…